RE: https://urbanists.social/@danwentzel/116281946102446567

I am pleasantly surprised to see how many of us landed on the article like a nuclear bomb. A lot of people here have already learned about MMT and why currency sovereign can’t fail to pay.

The government spends money into existence. The deficit ceiling is an artificial construct to force ridiculous drama every year over budgeting.

The problem we really face is whose bank accounts the money sloshes into. Elon Musk crypto Donald Trump concentration camps.
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Billionaires receive the lion share of government issued money.

And they pay no tax on it and their corporations pay no tax on it.

We are supposed to take the mist we receive from that Niagara and return it to the government to in order to reduce that deficit while it just piles up in their net worth.

Tax billionaires out of existence. And smash giant corporations into tiny bits.

Put an end to this insanity

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@GhostOnTheHalfShell

"Everything Trump Touches Dies (ETTD) including empires, economies, and countries"

Plus... if his mouth is open, he's probably lying.